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Stock Trend Analysis Report
Prepared for you on Friday, April 19, 2024.
Horizon Bancorp, Inc. (NASDAQ:HBNC)
Bear Market Rally (-75) - HBNC is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on HBNC as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid HBNC?
MarketClub looks at technical strength and momentum to determine if the timing is right for HBNC.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for HBNC
The long-term trend has been DOWN since Apr 10th, 2024 at 11.610
The intermediate-term trend has been DOWN since Apr 10th, 2024 at 11.610
The short-term trend has been UP since Apr 19th, 2024 at 11.615
Smart Scan Analysis for HBNC
Based on our trend formula, HBNC is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 11.36 | 11.92 | 11.36 | 11.84 | +0.42 |
| Prev. Close | Volume | Bid | Ask | Time |
| 11.42 | 181203 | 2024-04-19 15:59:33 |
| Year High | 22.1267 | Year High Date | 2018-06-11 |
| Year Low | 16.36 | Year Low Date | 2018-10-24 |
| 52wk High | 14.71 | 52wk High Date | 2023-12-29 |
| 52wk Low | 7.69 | 52wk Low Date | 2023-05-11 |
| Year End Close | 19.65 | Average Volume | 150,874 |
| Shares Outstanding | 44,111 | Short Interest | 117,217 |
| % Institutional | 47.6 | Market Cap | 780M |
| Assets | 794,048,500M | Liabilities | 722,167,300M |
| P/E Ratio | 17.8438 | Beta | 0.15 |
| Volatility | 29.59 |